Sial- In a related decision to optimise operations at its weakly-performing consumer foods business, the company plans to close and sell its Ripon production facility in Wisconsin, next year and consolidate production in Orrville, Ohio.
According to Tina Floyd, senior vice president and general manager of JM Smucker’s consumer foods division, the sale to Nexus is about focusing resources on core brands such as Uncrustables sandwiches, Jif and Smuckers.
In November, the company said it would build its third manufacturing facility and distribution centre dedicated to Smucker’s Uncrustables products. The extra capacity – assuming there remains continued consumer demand – is expected to generate $1 billion in annual net sales for the range over the next five years.
